Examlex

Solved

Table 2.8 Table 2.8 Shows the Number of Labour Hours Required to of Labour

question 73

Multiple Choice

Table 2.8
Table 2.8     Table 2.8 shows the number of labour hours required to produce a motorcycle and a guitar in Ireland and Scotland. -Refer to Table 2.8. What is Scotland's opportunity cost of producing one motorcycle? A) 0.25 guitar B) 4 guitars C) 12 guitars D) 16 guitars
Table 2.8 shows the number of labour hours required to produce a motorcycle and a guitar in Ireland and Scotland.
-Refer to Table 2.8. What is Scotland's opportunity cost of producing one motorcycle?


Definitions:

Pavlov

A Russian physiologist best known for his work in classical conditioning, particularly with the conditioned response of salivation in dogs.

Conditioned Response

A learned reaction to a previously neutral stimulus due to repeated association with an unconditioned stimulus.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior conditioning.

Rescorla-Wagner

A model proposing that the strength of a conditioned response depends on the unexpectedness of the unconditioned stimulus.

Related Questions